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Business

Lazard Posts Record Advisory Revenue in 2025, Citing Strategic Gains and Asset Management Turnaround

Lazard Ltd. reported strong fourth-quarter and full-year 2025 results, driven by record financial advisory fees and a rebound in assets under management. Executives framed the performance as validation of the firm's long-term 'Lazard 2030' strategy, highlighting talent investments and a robust pipeline for future growth.

Jan 30, 2026

Business

The Quiet Revolution in RIA Exits: How ESOPs and 1042 Rollovers Are Redefining Succession

Facing a looming wave of retirements, independent advisory firms are increasingly turning to employee ownership and sophisticated tax strategies to secure their futures, offering an alternative to the private equity buyout.

Jan 30, 2026

Business

Lazard Beats Estimates on Strong Advisory, Asset Management Performance

Financial services firm Lazard (LAZ) reported better-than-expected fourth-quarter results, driven by record advisory fees and robust asset growth, signaling resilience in a challenging market.

Jan 30, 2026

Business

Meesho's Aggressive Growth Push Fuels Widening Losses in First Post-IPO Earnings

Indian e-commerce challenger Meesho reported a significant widening of its quarterly net loss to ₹4.91 billion, as a 44% surge in expenses outpaced strong revenue growth, marking a costly start to its life as a public company.

Jan 30, 2026

Business

Massachusetts Baker's $3,000 GE Oven Nightmare Highlights Consumer Rights Beyond Warranty

A Foxboro woman's two-year struggle with a defective high-end oven underscores the enduring power of state consumer protection laws, even after a manufacturer's warranty expires.

Feb 2, 2026

Business

Fifth Third Wraps Up $10.9B Comerica Takeover in Record Time, Reshaping U.S. Banking Landscape

Fifth Third Bancorp has finalized its acquisition of Comerica in under four months, a swift consolidation that underscores a new era of accelerated bank mergers driven by regulatory shifts and the relentless pursuit of scale.

Feb 2, 2026

Business

Ethereum's 2026: The Year of Convergence?

After a period of Bitcoin dominance, a confluence of technological maturity, shifting institutional narratives, and regulatory clarity could propel Ethereum back into the spotlight. Analysts point to its foundational role in decentralized finance and a series of upcoming catalysts as reasons for a potential breakout year.

Feb 2, 2026

Business

Google Settles Android Data Privacy Lawsuit for $135 Million

Google has agreed to a $135 million settlement to resolve a class-action lawsuit alleging unauthorized data collection by its Android operating system, pending court approval. The deal also mandates clearer user controls and disclosures.

Feb 2, 2026

Business

Brent Crude Eyes $95 as Technical Pattern Signals Potential Reversal

After a prolonged correction, Brent crude oil is showing signs of a potential trend reversal, with a forming double bottom pattern pointing toward a technical target near $95 per barrel. The shift comes amid a tightening physical market and simmering geopolitical risks.

Feb 2, 2026

The Silent Strain: How Homeownership Can Quietly Drain Your Finances

For many Americans, the dream of homeownership is masking a harsh financial reality. Experts warn that being 'house poor'—where housing costs consume an unsustainable portion of income—is a growing, often unnoticed, threat to financial health and personal well-being.

Feb 2, 2026

Business

FMC Imposes Landmark $22.7 Million Penalty on MSC for Systemic Billing Abuses

The Federal Maritime Commission has levied one of its largest fines against Mediterranean Shipping Company, citing a pattern of wrongful late-fee charges, tariff publication failures, and repeated overcharges on thousands of container shipments.

Feb 2, 2026

Business

The Hidden Cost of Cash: Why Your Savings Account Could Be Costing You

While savings accounts offer safety and liquidity, experts warn that historically low interest rates are silently eroding purchasing power. We examine the risks of idle cash and explore strategies to protect—and grow—your nest egg.

Feb 2, 2026

Business

Visa's 2026 Outlook: Steady Growth Amid Economic Headwinds, But Is It Time to Buy?

As the global payments giant prepares to report its fiscal year results, analysts forecast continued strong fundamentals for Visa. However, its recent underperformance against the broader market and a cautious consumer climate raise questions for investors seeking value.

Feb 2, 2026

Business

Visa Posts Strong Q1 2026 Results, Fueled by Robust Consumer Spending and Cross-Border Growth

The global payments giant reported a 15% surge in net revenue and processed a record 69.4 billion transactions in its fiscal first quarter, signaling resilient consumer confidence and a rebound from previous quarters.

Feb 2, 2026

Missouri's Legal Cannabis Industry Sues Smoke Shops Over 'Hemp' Loophole

A coalition of licensed marijuana companies in Missouri has launched a wave of lawsuits against dozens of smoke shops, alleging they are exploiting a legal gray area to sell intoxicating THCA hemp flower, undermining the state's regulated market and creating unfair competition.

Feb 2, 2026

Business

Brown & Brown Shares Face Headwinds as BMO Capital Trims Price Target Amid Mixed Q4 Signals

Insurance brokerage giant Brown & Brown sees a key price target cut to $81 following its fourth-quarter earnings, which revealed robust fee growth but concerns over slowing organic revenue expansion.

Feb 2, 2026

Business

Gallagher Posts Strong Q4 Earnings, but Truist Cuts Price Target Amid Sector Valuation Concerns

Insurance brokerage giant Arthur J. Gallagher reported robust fourth-quarter profit growth, driven by resilient demand. However, Truist Securities has lowered its price target on the stock, citing valuation pressures across the property & casualty brokerage sector.

Feb 2, 2026

Business

SM Energy and Civitas Seal $12.8 Billion Merger, Forging a U.S. Shale Powerhouse

The all-stock deal creates a top-tier independent producer focused on the Permian Basin, with Beth McDonald at the helm aiming to unlock significant synergies and shareholder returns.

Feb 2, 2026

Business

Disney's Q1 Earnings: Theme Parks and Streaming Drive Revenue Growth, But Linear TV Weakness Weighs on Profits

The Walt Disney Company reported a 5% rise in fiscal first-quarter revenue to $26 billion, fueled by its theme parks and streaming services. However, operating profit fell 9% as challenges in its traditional TV business and rising costs offset gains.

Feb 2, 2026

Business

Billion-Pound Ambition Meets Market Reality: Xeinadin Sale Shelved as Bidders Balk at Price

Private equity firm Exponent has halted the auction of UK accounting group Xeinadin after potential buyers refused to meet its £1bn valuation, signaling potential headwinds for deal-making in the professional services sector.

Feb 2, 2026